MoU signed for new coal-fired power plant in Matrouh

Elsewedy Electric, a leading Integrated Energy Solution Provider in the Middle East and Africa, has signed a memorandum of understanding (MoU) in a consortium with Japan’s MARUBENI Corp. and the government of Egypt to build a new coal-fired power plant in West Matrouh on an engineering, procurement and construction plus Finance (EPC+F ) basis.

The MoU was been signed in Tokyo, Japan, along the proceedings of the JAPAN-EGYPT Business Council inaugurated by the Egyptian President, Abdel Fattah El-Sisi, Japan’s State Minister of Economy, Trade and Industry, Mr. Yosuke Takagi, and in the presence of Egypt's Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker Elmarkabi.

The project is located on the Mediterranean coast, west of Mersa Matrouh, by Sidi Shabib – Eldhabaa.

The coal-fired power plant will be built in two phases, each with a capacity of approximately 2000 MW. The project is planned to desalinate approx. 360 000 m3 of sea water daily. It is reported that port development and land works related to the import, handling and storage of coal shipments may be included too.

The consortium will use ultra-super critical Japanese clean coal technology, which complies with applicable environmental international standards and the Egyptian laws and regulations.

Elsewedy Electric’s scope of work is projected to include engineering, procurement and installation of balance of plant in addition to the erection and installation of the boilers and steam turbines. In addition, ELSEWEDY ELECTRIC will be responsible for the site preparation, levelling and the civil, construction and site utilities for the project.

Ahmed Elsewedy, CEO of Elsewedy Electric, commented: “We are pleased to announce the collaboration among Elsewedy Electric, Marubeni Corp., the Egyptian government and lending institutions to develop Egypt’s coal-fired power program. We are proud to continue our successful participation to the development of Egypt’s power sector and intend to undertake a number of large projects not only in power generation and electricity transmission and substations business, but also across various infrastructure sectors.”